Zillow Advice: FHA and VA Loans - FHA Multi-Family Loan to Newly Graduated Student http://www.zillow.com/advice-thread/FHA-Multi-Family-Loan-to-Newly-Graduated-Student/509106/ Zillow Advice | Zillow Real Estate You should be able to get ... http://www.zillow.com/advice-thread/FHA-Multi-Family-Loan-to-Newly-Graduated-Student/509106/ You should be able to get a loan, as you've been in school until now which qualifies as working experience and you already have money saved and great credit. Interview few top lenders and good luck in your search. Buying a 3-4 unit building will help you live for free in your unit as chances are that the income from the other units will cover the entire mortgage, your tenants will pay down your mortgage and the investment will place you on a sure path to wealth.&nbsp;<br/><br/>Good luck to you!&nbsp; Sun, 08 Sep 2013 04:12:00 GMT http://www.zillow.com/advice-thread/FHA-Multi-Family-Loan-to-Newly-Graduated-Student/509106/ 2013-09-08T04:12:00Z Your income eligibility will ... http://www.zillow.com/advice-thread/FHA-Multi-Family-Loan-to-Newly-Graduated-Student/509106/ Your income eligibility will be based on your ability to show the underwriter what is most likely to continue. For example, a RN just graduating from Nursing School or a Teacher will be able to be able to qualify for a home with just one paycheck stub because they most likely have a contract in place. So in a case like this, the UW doesn't have to worry about future earnings, it contractual.<br/><br/>&nbsp;For someone like you, it depends on how you are paid. Do you receive a Base Salary, plus commissions and bonuses? If so, we can use the base to qualify you but without a 2 year history of receiving commission, bonus or even O/T, we can't use that income to qualify. It can be used as a compensating factor for pushing your DTI but that's it. Thu, 29 Aug 2013 16:19:00 GMT http://www.zillow.com/advice-thread/FHA-Multi-Family-Loan-to-Newly-Graduated-Student/509106/ 2013-08-29T16:19:00Z If you have been in school ... http://www.zillow.com/advice-thread/FHA-Multi-Family-Loan-to-Newly-Graduated-Student/509106/ If you have been in school for the previous 2 years and now have your first career job, then you have met the requirement for FHA. You need not have been employed for 2 full years. Thu, 29 Aug 2013 13:27:00 GMT http://www.zillow.com/advice-thread/FHA-Multi-Family-Loan-to-Newly-Graduated-Student/509106/ 2013-08-29T13:27:00Z My web site has some lender ... http://www.zillow.com/advice-thread/FHA-Multi-Family-Loan-to-Newly-Graduated-Student/509106/ My web site has some lender references. Give them a call to see what the requirements are. They do not charge to speak with you. Thu, 29 Aug 2013 12:20:00 GMT http://www.zillow.com/advice-thread/FHA-Multi-Family-Loan-to-Newly-Graduated-Student/509106/ 2013-08-29T12:20:00Z I would be happy to refer ... http://www.zillow.com/advice-thread/FHA-Multi-Family-Loan-to-Newly-Graduated-Student/509106/ I would be happy to refer a lender. But that is the only way to find out is calling one. Thu, 29 Aug 2013 04:06:00 GMT http://www.zillow.com/advice-thread/FHA-Multi-Family-Loan-to-Newly-Graduated-Student/509106/ 2013-08-29T04:06:00Z I can give you the name of ... http://www.zillow.com/advice-thread/FHA-Multi-Family-Loan-to-Newly-Graduated-Student/509106/ I can give you the name of the lender that I refer to all of my clients. &nbsp;He has been doing it for a long time and is well versed in FHA. &nbsp;Please email or call me if you would like to discuss.<br/> Thu, 29 Aug 2013 03:27:00 GMT http://www.zillow.com/advice-thread/FHA-Multi-Family-Loan-to-Newly-Graduated-Student/509106/ 2013-08-29T03:27:00Z